Exit MRTX call option 87% gain. BOOM.

Ok everyone, remember that spread from last week I put out on MRTX? We are going to sell the call end of it and hold onto the put end of it in case the market craters later on in the week. Even if things go the wrong way, who cares. We just almost made the whole cost of the put. Plus, the put is still worth something and will be worth a whole lot more if the market drops on Thurs. So how about it? A near double do you good over 5 days? It does me just fine. Our out:

And our in late last week:

Remember, we still have our put end of the spread, but it doesnt expire until December, so minimal erosion if any. Smart, huh?

Onward and upward.

Tradinginsider